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Trump’s Meme Coin Surpasses $13 Billion Market Capitalization

A meme coin launched by President-elect Donald Trump over the weekend has seen its market cap soar past $13 billion, marking his latest venture into the cryptocurrency world and merchandise sales ahead of his inauguration.

Trump made the announcement of his meme coin, $TRUMP, via a post on Truth Social Friday, explaining that the cryptocurrency symbolizes “WINNING” the presidential election and his forthcoming inauguration.

By Saturday morning, the price of $TRUMP had skyrocketed by over 300%, continuing to climb throughout the weekend.

By Sunday afternoon, it had surpassed $65 per coin, bringing the market capitalization to a staggering $13.3 billion, according to CoinMarketCap.

The coin, which is based on the Solana blockchain, briefly touched $75 early Sunday, pushing the market cap to $15 billion.

The developers behind $TRUMP have capped the initial supply at 200 million coins, with plans to expand the total supply to 1 billion over the next three years, as stated on the coin’s website.

Deportation Raids Set to Begin as Trump Takes Office:

Meanwhile, U.S. sources report that raids aimed at detaining and deporting undocumented immigrants are set to commence on the first full day of Donald Trump’s presidency.

These operations, which have been threatened by Trump’s “border tsar” Tom Homan, are expected to begin in various locations, with Chicago reportedly being one potential target due to its large immigrant population.

Homan told The Washington Post that, despite early reports, the administration is reconsidering the timing and locations for the raids after the potential details were leaked.

Trump has promised to lead the largest deportation effort in U.S. history, prioritizing criminals and gang members in these operations.

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Federal Polytechnic Expels 100 Students Over Exam Malpractices

The management of Federal Polytechnic Nasarawa, located in Nasarawa State, has expelled 100 students over their involvement in examination malpractices during the 2023/2024 academic session.

This was revealed by the Acting Rector, Dr. Hauwa Muhammad, at the 41st matriculation ceremony for about 15,000 newly admitted students for the 2024/2025 academic session.

The ceremony took place in Nasarawa Local Government Area over the weekend.

The newly matriculated students, who enrolled in National Diploma (ND), Higher National Diploma (HND), and Part-Time programs, were cautioned by Dr. Muhammad to refrain from engaging in exam malpractice, as those expelled for similar offenses had faced serious consequences.

In her address, Dr. Muhammad also advised the new students to avoid social vices such as drug abuse, cultism, and indecent dressing.

She emphasized the importance of peaceful coexistence and urged them to uphold good conduct during their time at the institution.

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ASUU Opposes Tinubu’s Controversial Tax Reform Bill, Warns Of Harm To Education

The Benin Zone of the Academic Staff Union of Universities (ASUU) has strongly opposed the proposed Nigeria Tax Reform Bill, expressing concerns that it could cripple public institutions in the country.

Speaking to journalists over the weekend, the Zonal Coordinator, Prof. Monday Lewis Igbafen, representing nine universities in the region, highlighted Section 59(3) of the Tax Bill (NTB) 2024, which states that only 50% of the Development Levy would go to the Tertiary Education Trust Fund (TETFund) in 2025, with the remaining funds allocated to NITDA, NASENI, and NELFUND.

This provision would further decrease TETFund’s share to 66% in 2027, 2028, and 2029, and result in zero funding from 2030 onwards.

Igbafen expressed alarm over the potential long-term effects, warning that this change would severely affect public education, as TETFund plays a critical role in infrastructure development, postgraduate training, and research in Nigerian universities.

“As a union of intellectuals, we reject this tax reform bill, especially its attempt to diminish the vital role of TETFund in the development of tertiary education,” Igbafen stated.

“TETFund has been the cornerstone of progress in Nigerian higher education, driving improvements in manpower, infrastructure, and academic excellence.”

The ASUU leader also lamented the unresolved issues from the 2009 FGN/ASUU Agreement and expressed concern over the bill’s proposed elimination of TETFund by 2030.

He warned that the end of TETFund would undermine the progress made in repositioning Nigeria’s universities for global recognition and advancement.

He further criticized the government for its insufficient budget allocation to education, pointing out that, despite the United Nations’ recommended 26% benchmark for education funding, Nigeria’s allocation has remained between 5% and 7%, with the 2025 budget retaining just 7% for education.

ASUU is calling for widespread resistance against the bill, urging Nigerians to stand against what they view as a threat to the survival of public tertiary education in the country.

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Vice President Shettima Heads To Switzerland For World Economic Forum

Vice President Kashim Shettima has departed Abuja on Sunday to represent Nigeria at the 2025 annual World Economic Forum (WEF) in Davos, Switzerland.

Shettima’s Senior Special Assistant on Media and Communication, Stanley Nkwocha, confirmed the development, stating that the Vice President would engage in a series of bilateral meetings with other global leaders and participate in several workshops and forums scheduled for the event.

The Vice President is expected to join world leaders, top business executives, and development partners to discuss the state of the global economy and potential solutions for its improvement.

Nkwocha further highlighted that Shettima’s participation would also focus on boosting investments in Africa’s frontier markets.

One of the key events Shettima will attend is a workshop titled “Roadmap to Co-create Investment Opportunities for Africa’s Frontier Markets,” organized by the African Development Bank in partnership with the WEF.

The workshop aims to foster investments in Africa to help create a prosperous, inclusive, and resilient continent.

An important agenda during Shettima’s visit will be the announcement of the Humanitarian and Resilience Investing Roadmap for Africa, which seeks to encourage partnerships between public and private sector leaders in mobilizing investments into Africa’s frontier markets.

Additionally, Shettima will be attending a dinner for heads of state and government leaders, alongside other dignitaries and Annual Meeting 2025 Crystal Awardees, at Kurpark Village, Eiger.

A highlight of Shettima’s schedule is his co-chairing of a session on “Turning Digital Trade into a Catalyst for Growth in Africa.”

The forum will focus on the role of the private sector in advancing the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol, which was adopted by African Union heads of state in January 2024.

The Vice President is also slated to participate as a panellist in the “Global Risks 2025” stakeholder dialogue, where he will contribute to discussions on the volatile global risks posed by geopolitical, technological, and environmental challenges.

Shettima will be accompanied by Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, and the Executive Secretary of the Nigerian Investment Promotion Commission, Aisha Rimi, among other government officials.

He will return to Abuja following the conclusion of his engagements in Davos.

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Police Arrest Man For Stabbing In-Law To Death In Imo

The Imo State Police Command has detained 40-year-old Uchenna Okpara for allegedly stabbing his in-law, Uchenna Unakalamba, to death in Ubomiri, Mbaitoli Local Government Area of Imo State, following a disagreement between their children.

In a statement released on Sunday, Police Public Relations Officer Henry Okoye confirmed that the incident occurred on January 16, 2025, when a minor altercation between the children escalated into a violent confrontation.

Okpara is accused of using a broken bottle to fatally attack Unakalamba.

“The suspect, Uchenna Okpara, was arrested on January 16, 2025, by the anti-kidnapping unit for allegedly stabbing his in-law to death after a dispute involving their children turned violent,” Okoye said.

Police responded to a distress call, apprehended Okpara, and recovered the weapon used in the attack.

Unakalamba was later confirmed dead at the hospital, and his body was taken to the morgue.

The suspect is currently in police custody as investigations continue.

Okoye added that Okpara would be prosecuted after the investigation is concluded.

In a separate operation, Imo State Police also arrested a member of a notorious kidnapping syndicate, Ozioma Dike, on January 16, 2025.

Following credible intelligence, the anti-kidnapping unit raided the hideout of the syndicate in a forest near Agwa, Oguta Local Government Area.

The operation led to a gunfight, with Dike arrested while others fled into the bushes.

Authorities recovered a pump-action rifle with seven live rounds of ammunition, as well as an iPhone belonging to a victim kidnapped on January 8, 2025, in Ubomiri.

During questioning, Dike admitted to being part of a group responsible for numerous kidnappings across Ubomiri, Ogbaku, and Ohii communities in Mbaitoli.

Okoye assured the public that efforts to apprehend the remaining gang members are ongoing.

“The arrested suspect will be arraigned in court upon conclusion of investigations” he added

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TikTok Restores Service In U.S After Temporary Outage, Hails Trump

TikTok resumed service in the United States on Sunday after a brief shutdown over the weekend, following the enactment of a law that bans the app on national security grounds.

The popular video-sharing platform credited President-elect Donald Trump for the reversal, even though the Biden administration had previously stated it would not enforce the ban.

The outage began late Saturday, coinciding with a deadline for TikTok’s Chinese parent company, ByteDance, to sell its U.S. operations to non-Chinese entities.

On Sunday, many users found themselves unable to access the app, prompting Trump to step in.

The president-elect pledged to delay the ban, promising an executive order to give time for a potential deal.

Trump also suggested that the U.S. should take a partial ownership stake in TikTok, proposing a 50% share in a joint venture.

He argued that this move could significantly increase the app’s value.

Trump’s comments, posted on his Truth Social platform, included a suggestion that the United States could turn TikTok into a lucrative asset, potentially worth “hundreds of billions of dollars, maybe trillions.”

Trump had previously sought to ban the app during his first term, but his new proposal sought a more cooperative solution.

In response to the developments, TikTok announced it was in the process of restoring its service.

In a statement shared on X, the app thanked Trump for providing clarity to its service providers, ensuring that they would not face penalties for continuing to provide the app to American users.

However, TikTok did not address Trump’s proposal for U.S. part-ownership.

The law, which mandates the removal of TikTok from app stores and requires Apple and Google to block new downloads, allows a 90-day delay on the ban if the White House can show progress toward a deal.

Yet, ByteDance has remained firm in its refusal to sell, and the Biden administration has indicated that it will leave enforcement to Trump.

TikTok’s influence has been immense, with millions of users creating viral videos that have catapulted ordinary people to fame.

However, concerns over the app’s ties to China and allegations of disinformation have raised security concerns, both in the U.S. and abroad.

In response to TikTok’s temporary shutdown, social media platforms like X were flooded with memes and reactions from users lamenting the loss of the app.

Some also poked fun at Trump’s past efforts to ban the platform, while others shared their fondness for TikTok.

The ban even became a topic of discussion at the Australian Open, where American tennis star Coco Gauff expressed her hope that the app would return.

Meanwhile, offers to purchase TikTok’s U.S. operations have surfaced.

Perplexity AI, a high-profile startup, proposed a merger with TikTok’s U.S. subsidiary, with an estimated price of at least $50 billion.

Additionally, former Los Angeles Dodgers owner Frank McCourt has also made an offer to acquire the platform’s U.S. operations.

As the situation evolves, it remains unclear whether the incoming administration will be able to lift the ban, particularly if ByteDance continues to refuse to sell.

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Polytechnic Workers To Begin Warning Strike Over Career Progression Issues

The Senior Staff Association of Nigeria Polytechnics (SSANIP) has announced that it will embark on a three-day warning strike starting from Wednesday, January 22, 2025, in protest against the alleged plans by some stakeholders to deny non-teaching staff of polytechnics and similar institutions their rightful career progression.

In a letter addressed to the Minister of Education on January 14, SSANIP expressed concern over what it described as an ongoing effort to block its members from advancing to the peak of their careers under the CONTEDISS 15 pay scale as part of the ongoing review of the Polytechnic Schemes of Service.

The association has called on the federal government to intervene, urging the Minister to ensure that non-teaching staff are not sidelined or deprived of their due career progression, emphasizing that addressing their concerns will not negatively impact the career progression of teaching staff, as the two categories have distinct salary structures.

The letter, signed by SSANIP National Secretary, Comrade Nura Shehu Gaya, was also sent to various government bodies, including the Minister of Labour and Employment, the Head of Civil Service of the Federation, the Executive Secretary of the National Board for Technical Education (NBTE), the Executive Chairman of the National Salaries, Incomes and Wages Commission, and the Inspector General of Police, among others.

The notice, titled Notice of Three-Day Warning Strike, reads in part: “The Senior Staff Association of Nigeria Polytechnics (SSANIP) wishes to formally notify your esteemed office of our decision to embark on a three-day warning strike, scheduled to commence from midnight of Wednesday, January 22, 2025, through Friday, January 24, 2025.”

It continued: “This action has become necessary due to the ongoing plot by certain stakeholders to unjustly deprive Non-Teaching Staff of Polytechnics and Similar Institutions of their rightful career progression to the peak of their careers on CONTEDISS 15, as part of the redrafting of the Polytechnic Schemes of Service.”

SSANIP has consistently advocated for policies that promote equity and justice within the polytechnic system, calling for career progression policies that benefit both teaching and non-teaching staff.

Despite previous engagements with relevant authorities, the association lamented that little progress has been made on the matter.

SSANIP stated that the strike serves as a warning to highlight the seriousness of their grievances and to reinforce their commitment to ensuring non-teaching staff are not marginalized.

The association urged the government to take swift action to resolve the issue and prevent any further escalation, emphasizing its openness to dialogue and a peaceful resolution to avoid disrupting the polytechnic system.

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Power Outage Hits Aba Ringfence Area After 31 Days Of Uninterrupted Supply

After experiencing 31 consecutive days of stable power, residents in the Aba Ringfence, which includes nine of the 17 local government areas (LGAs) in Abia State, were hit by a power outage this past weekend.

Ugo Opiegbe, the Managing Director of Aba Power, confirmed the interruption, stating, “We regret that we lost power supply from Heirs Energies, who are working in partnership with the Nigerian National Petroleum Company Limited (NNPCL). We sincerely apologize to our many customers who have been enjoying continuous power since December 17, making them the first in Nigeria to experience such consistent service in years.”

Opiegbe did not specify the cause of the disruption in the gas supply from Heirs Energies, which operates Oil Mining Licence (OLM) 17 in Owaza, Ukwa West LGA.

However, sources indicated that vandals targeting crude oil and petroleum products were responsible for damaging the Eastern Gas Network over the weekend.

These vandals often attack pipelines carrying both gas and oil, making it difficult to distinguish between them.

The frequency of attacks on critical infrastructure, including telecommunications, electricity, and petroleum facilities, has been increasing in Nigeria.

Recently, even the State House in Abuja was plunged into darkness after an attack on the transmission facilities supplying power to the Federal Capital Territory, with President Bola Tinubu among the victims.

Despite the gas supply interruption, Opiegbe assured that power was still available in parts of the Aba Ringfence area.

“We quickly switched to the Niger Delta Power Holding Company (NDPHC) to restore service. While the NDPHC supply is helping, it is limited, and not all areas are receiving power,” Opiegbe explained.

He assured customers that the company is working tirelessly to restore full power supply to all nine LGAs in the Aba Ringfence area, emphasizing that they remain committed to providing uninterrupted electricity service.

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EFCC Condemns Social Media Support For Killer Of Officer

The Economic and Financial Crimes Commission (EFCC) has condemned the support being expressed on social media for Joshua Chukwubueze Ikechukwu, the suspect accused of killing one of its officers, Assistant Superintendent of the EFCC, ASEII Aminu Sahabi Salisu, in Anambra State.

Salisu was tragically killed on Friday while carrying out his duties during an operation aimed at arresting suspected internet fraudsters.

In a statement issued on Sunday, the EFCC expressed deep grief over Salisu’s death and denounced the spread of false and harmful information online.

The commission emphasized that there was no justification for defending Ikechukwu, who shot and killed Salisu during the operation.

The statement, which was signed by Dele Oyewale, Head of Media and Publicity, read, “The Economic and Financial Crimes Commission, EFCC, expresses grief over the loss of one of its officers, Assistant Superintendent of the EFCC, ASE11 Aminu Sahabi Salisu, who was killed in cold blood while performing his legitimate duties on January 17, 2025, by a suspected internet fraudster, Joshua Chukwubueze Ikechukwu.”

The EFCC strongly condemned the online narratives that tried to rationalize the killing, calling such behavior “irresponsible, callous, inhuman, and outrageous.”

The statement continued, “It is heinous to reduce the death of a gallant officer, who was carrying out patriotic and official duties, to social media razzmatazz. It is equally troubling that some faceless commentators are siding with the alleged criminal who unleashed terror on our officers. There is no justification for such a murderous act.”

According to the EFCC, preliminary investigations revealed that Ikechukwu was involved in fraudulent activities related to online coding and the distribution of questionable medical supplies.

Although Ikechukwu is currently in police custody, the EFCC confirmed that it would ensure he faces trial for the murder.

The commission also warned that attacks on its officers would be met with the full force of the law.

The EFCC further highlighted the growing danger posed by internet fraudsters, revealing that some have been linked to serious criminal activities, including kidnapping, banditry, and ritual killings.

Despite the tragic loss, the EFCC reaffirmed its commitment to continuing the fight against corruption and internet fraud in Nigeria.

The statement concluded by thanking the public, other agencies, and individuals for their support during this challenging time.

“While mourning the loss of its officer, the Commission appreciates the support, condolences, and prompt response from sister agencies and well-meaning individuals standing with us during this trying period,” the EFCC said.

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Children of Enugu Traditional Ruler Appeal To Governor Mbah For Father’s Release

Governor Mbah, 

The children of Igwe Ekwueme Odenigbo, the traditional ruler of Akpakume in Udi Local Government Area of Enugu State, have urgently appealed to Governor Peter Mbah to secure the release of their 86-year-old blind father and their brother, Solomon Ekwueme, from detention.

The two were arrested and detained in the Enugu Correctional Service Centre following a petition filed by a prominent community member, Mr. Livinus Okolo, also known as Zion.

The monarch’s children, in an emotional plea, have also called on Senator Osita Ngwu, representing the Enugu West Senatorial Zone, and the Chairman of Udi Local Government, Engr. Hyginus Agu, to intervene in the ongoing detention.

Expressing their deep sorrow, the family stated, “It is truly heartbreaking for us to be called back to Enugu with the news that our aged and blind father, a retired elder in the Redeemed Christian Church of God and the King of an entire community has been locked up by the Nigerian Police and charged to a Magistrate court and subsequently sent to the Prison at the behest of a man that has been nothing short of a terror to the entire people of Akpakume community, Mr. Livinus Okolo Alias Zion.”

In a letter titled “Unlawful Incarceration of Our 86-Year-Old Father, HRH, Igwe Pastor Ekwueme Odenigbo, [Ohabueze II Akpakume Ancient Kingdom], Alongside Our Brother Ekwueme, Moses Izuchukwu”, the children of Igwe Odenigbo, led by Pastor Solomon Ekwueme, are pleading for the immediate release of their father.

They assert that the situation began on December 23, 2024, when Okolo, accompanied by about 20 armed men, allegedly attacked their father’s palace, beat the elderly monarch and his wife, and seized valuables, including his staff of office.

Okolo claimed that Igwe Odenigbo had been dethroned due to involvement in illegal mining and that he, Okolo, was now the acting Igwe.

The children stated, “Following Okolo’s attack on their father, irate youths in the community went and destroyed some part of Okolo’s house.”

They further explained that although Igwe Odenigbo petitioned the police over the attack on his palace, no arrests were made, citing Okolo’s strong political connections and influence.

When Okolo’s house was later destroyed by angry youths, he filed a counter-petition, resulting in the arrest of Chief Marius Ezeanyanwu, the traditional prime minister-elect, for allegedly inciting the violence.

The monarch’s children allege that the situation escalated when Okolo petitioned the police about the destruction of his house, leading to the detention of Igwe Odenigbo and his son, Solomon, on January 9, 2025.

Despite being detained, the children claim, “Our father is a sick, 86-year-old blind man with no capacity to inflict hurt on anyone. He has faced all kinds of tribulations in the hands of this same Mr. Livinus Okolo and his cohorts. Our brother is in no way a person of violence and would not engage in the activities he has been accused of.”

The family is calling on the state government, well-meaning Nigerians, and other concerned groups to pressure the authorities for the immediate release of their father and brother.

“We are calling on well-meaning Nigerians to join their voice to ours and call on the government to come to our aid and get our father and brother out of the prison.”

In response to the allegations, Livinus Okolo denied any wrongdoing.

He claimed that the police and state government had been investigating the situation, which led to the arrests of Igwe Odenigbo and others.

Okolo also accused the monarch and his family of being involved in illegal activities, particularly the sale of community land for mining.

Okolo explained, “Our problem is that they discovered coal and oil in our community, and one of them, Mr. Mathew Ani, a cousin brother to Igwe Odenigbo, agreed with Igwe and gave a consent to Eta-Suma Nigeria Limited to take over 90,000 plots of land at the rate of N12,560 per plot.”

In response, the Enugu State Commissioner for Chieftaincy Matters, Chief Okey Ogbodo, confirmed that Igwe Odenigbo had been suspended for allegedly undermining the state government.

Ogbodo also accused the monarch of granting approval to the Eta-Zuma Mining Company to operate in the community without state authorization, contributing to the crisis.

Ogbodo revealed that some of the items the monarch’s children claimed were taken by Okolo, including the certificate of oath and staff of office, are currently in the custody of his office.

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